4260 Tyler Street, Detroit, MI 48238 (MLS# 26036055)

4260 Tyler Street, Detroit, MI 48238

$80,000
Property Type: Multi Family Lot Size (sq. ft.): 3,920 Status: Active
Current Price: $80,000 List Date: 7/15/2026 Last Modified: 8/24/2026

Overview

Description

Historic 1924 Duplex with Unlimited Potential in Russell Woods - Long-Term "Sweat Equity" Opportunity / Mortgage-Free (House-Hack)! Unlock the long-term income potential of 4260 Tyler Street! This spacious two-family brick multi-unit property features 5 bedrooms, 3 full bathrooms, a full basement, and timeless architectural character in Detroit's historic Russell Woods area. Whether you're looking to build long-term wealth, lower your monthly living expenses, or create space for extended family, this property offers a blank canvas with incredible upside: Long-Term "Sweat Equity" Opportunity: Unlock exceptional long-term yields with this high-potential project—perfect for the handy buy-and-hold investor ready to trade a little sweat equity today for decades of reliable cash flow tomorrow; the Ultimate Mortgage-Free Living House Hack: Live in one spacious unit while customizing it to your style, and update the second to generate income to drastically offset your mortgage!

Listing Details MLS# 26036055

Location Property Info

County
Wayne
Street #
4260
Street Name
Tyler
Suffix
Street
State
MI
Zip Code
48238
Zip (4)
3218

General Property Info

Lot Measurement
Acres
Lot Square Footage
3920
Lot Acres
0.09
Lot Dimensions
35x115
Year Built
1924
New Construction
No
Road Frontage
35
Total # Units
2
# of Diff Unit Floor Plans
22
Total # Bldgs
Yes
Total Approx. SqFt All Bldgs
2150
Total Parking Spaces
Yes
Waterfront
No
School District
Detroit
Elementary School
Durfee Elementary-Middle School
Middle School
Durfee Elementary-Middle School
High School
Central Academy and High School
Basement
No

Tax Info

Tax ID #
14005302.
Taxable Value
13950
SEV
43800
For Tax Year
2025
Seller's Annual Property Tax
3030
Tax Year
2025
Spec Assessment & Ty
N/A
Homestead %
0

Access Feat

Accessibility Features
No

Unit 1

Unit #
Yes
Unit Description
Two Bedroom
Occupied
No
Bathrooms
Yes
Full Baths
Yes

More Information

Unit 2

Unit #
2
Unit Description
3 Bedroom
Occupied
No
Bathrooms
2
Full Baths
2

Location & Property Info

Cross Streets
Boradstreet & Petoskey Avenues
Property Sub-Type
2 to 4 Units
Municipality
Detroit City

Office/Contract Info

Auction or For Sale
For Sale
List Price/SqFt
37.21

Remarks & Misc

Public Remarks
Historic 1924 Duplex with Unlimited Potential in Russell Woods - Long-Term "Sweat Equity" Opportunity / Mortgage-Free (House-Hack)! Unlock the long-term income potential of 4260 Tyler Street! This spacious two-family brick multi-unit property features 5 bedrooms, 3 full bathrooms, a full basement, and timeless architectural character in Detroit's historic Russell Woods area. Whether you're looking to build long-term wealth, lower your monthly living expenses, or create space for extended family, this property offers a blank canvas with incredible upside: Long-Term "Sweat Equity" Opportunity: Unlock exceptional long-term yields with this high-potential project—perfect for the handy buy-and-hold investor ready to trade a little sweat equity today for decades of reliable cash flow tomorrow; the Ultimate Mortgage-Free Living House Hack: Live in one spacious unit while customizing it to your style, and update the second to generate income to drastically offset your mortgage!
Legal
N TYLER 92 RUSSELL WOODS SUB L34 P3 PLATS, W C R 14/195 35 X 115

Util Avail at Street

Cable Available
Yes
Electricity Available
Yes
High Speed Internet
Yes
Natural Gas Available
Yes
Phone Available
Yes
Public Sewer
Yes
Public Water
Yes
Storm Sewer
Yes

Utilities Attached

Electricity Connected
Yes

Sewer

Public Sewer
Yes

Water

Public Water
Yes

Terms Available

Cash
Yes
Conventional
Yes
FHA
Yes

Exterior Material

Brick
Yes
Vinyl Siding
Yes

Heat Source

Natural Gas
Yes

Sale Conditions

None
Yes

Heat Type

Forced Air
Yes

Tenant Pays

Electric
Yes
Gas
Yes

Substructure

Full
Yes

Owner Pays

None
Yes

Possession

Close Of Escrow
Yes

Property Features

Exterior Material: Brick; Vinyl Siding Substructure: Full Sewer: Public Sewer Water: Public Water Utilities Attached: Electricity Connected Util Avail at Street: Cable Available; Electricity Available; High Speed Internet; Natural Gas Available; Phone Available; Public Sewer; Public Water; Storm Sewer Owner Pays: None Tenant Pays: Electric; Gas Heat Source: Natural Gas Heat Type: Forced Air Terms Available: Cash; Conventional; FHA Possession: Close Of Escrow Sale Conditions: None
IDX
Listing Office: Rivers Inv & Mgmt Group, Inc.
Listing Agent: Ronald Rivers
Source MLS Verified
Last Updated: August - 24 - 2026
The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of MICHRIC , and site contains live data. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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